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EMERGENCY ECONOMIC STABILIZATION ACT:GENE L. DODARO
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Congressional Testimony
09-24-2009
Statement of Gene L. Dodaro Acting Comptroller General of the United States
United States Government Accountability Office Committee on Senate Banking,
Housing and Urban Affairs September 24, 2009 Chairman Dodd, Ranking Member
Shelby, and Members of the Committee: I am pleased to be here today to
discuss our work on the Troubled Asset Relief Program (TARP), under which
the Department of the Treasury (Treasury), through the Office of Financial
Stability (OFS), has the authority to purchase or insure almost $700 billion
in troubled assets held by financial ...
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Boston Private Financial Holdings Receives Preliminary Approval to Participate in U.S. Treasury TARP Capital Purchase Program.
Business Wire
; ...Treasury Department to participate in the Treasury's TARP Capital Purchase Program. The Treasury intends to invest approximately $150...the current market environment." The Treasury Department's TARP Capital Purchase Program is a voluntary...
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New Liquidity And Capital Alternatives For Financial Institutions: Treasury's TARP Capital Purchase Program; FDIC's Temporary Liquidity Guarantee Program.
News Wire article from: Mondaq Business Briefing
; ...Treasury Secretary (Treasury) to establish the...Relief Program (TARP) to purchase "troubled...October 14th, the TARP Capital Purchase...through which Treasury will make capital...Generally, under TARP, Treasury will be able to purchase...
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Treasury Secretary: No TARP for Munis; No Relief for State, Local, Transit Debt.(Washington)
Magazine article from: The Bond Buyer
; ...Paulson appeared to rule out Treasury using TARP to assist state and local...separate announcement that Treasury is working with the Federal...troubled assets" under the TARP legislation. Alternatively, Treasury could use authority in the...
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GRASSLEY CONTINUES TO PRESS TREASURY ON TARP OVERSIGHT, AIG PAYMENTS
Transcript from: Capitol Hill Press Releases
; ...Continues to Press Treasury on TARP Oversight, AIG Payments...testified that "Although Treasury has taken some steps...improving transparency in TARP programs, it has...transparency and fulfill Treasury`s stated commitment to implement TARP "with the highest...
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US Treasury Announces TARP Capital Purchase Program; IRS Issues Related Tax Guidance.(Troubled Assets Relief Program)(Internal Revenue Service)
News Wire article from: Mondaq Business Briefing
; ...2008-100, EESA, TARP On October 14, 2008...States Department of the Treasury (Treasury) announced...grant of authority to Treasury to establish the Troubled...Assets Relief Program (TARP), through which Treasury is authorized to purchase...
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TREASURY ANNOUNCES TARP INVESTMENT IN GMAC
Transcript from: Regulatory Intelligence Data
; ...rights offering at GMAC. Treasury exercised this funding...Asset Relief Program (TARP). The preferred stock...auto industry-focused TARP program that will include...previously indicated, Treasury will work with Congress...the remainder of the TARP funds to support financial...
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Midwest Banc to Receive $85.5 Million Through U.S. Treasury's TARP Capital Purchase Program.
Business Wire
; ...stock to the U.S. Treasury under its TARP Capital Purchase Program...issue warrants to the Treasury that will allow the Treasury...We understand that the Treasury selected only financially...receive capital. The TARP infusion strengthens...
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Fidelity Bancorp, Inc. Receives $7 Million of New Capital Under U.S. Department of Treasury's TARP Capital Purchase Program.
PR Newswire
; ...Department of Treasury as a participant...federal government's TARP Capital Purchase...markets." The Treasury Department's TARP Capital Purchase...A summary of the TARP Capital Purchase...be found on the Treasury Department's website...
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Taylor Capital to Receive $105 Million Through U.S. Treasury's Tarp Capital Purchase Program.
PR Newswire
; ...related warrants to the Treasury Department under its TARP Capital Purchase Program...valued customers." The Treasury Department's TARP Capital Purchase Program...participation in the U.S. Treasury Department's TARP Capital Purchase Program...
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LSB Financial Corp. Announces Year-end and Fourth Quarter Results, Decision Not to Participate in the Treasury's TARP Program and Payment of a Cash Dividend.
Newspaper article from: Real Estate Weekly News
; ...October 2008, the Treasury announced its Troubled...Reduction Program (TARP) under emergency...increase capital. The Treasury was encouraging banks...approval from the Treasury to receive $8.6 million of TARP CPP money. While...
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